Scott Godes' blog about insurance coverage for policyholders, risk managers, and in house counsel.

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I wrote a post that discusses card brand liabilities – the demands from payment card brands and payment card processors after a data breach of credit card and debit card numbers – and getting cyberinsurance to cover those liabilities. The post discusses Target’s disclosure of a $19 million settlement with MasterCard for card brand liabilities and whether Target’s cyberinsurance might cover the losses.

I wrote a post that discusses the disclosure of so-called “Backoff” malware by the Department of Homeland Security. I also discuss and how insurance might apply to retailers and card processors facing a data privacy incident (or a data breach) with allegedly exposed credit cards, debit cards, and payment cards in general as a result of a Backoff malware attack.

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This blog is for informational purposes only. This may be considered attorney advertising in some states. The opinions on this blog do not necessarily reflect those of the author's law firm and/or the author's past and/or current clients. By reading it, no attorney-client relationship is formed. If you want legal advice, please retain an attorney licensed in your jurisdiction.

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About the Corporate Insurance Blog

Welcome to The Corporate Insurance Blog. This blog is for corporate policyholders, risk managers, and in-house counsel who deal with insurance policies, programs, purchases, renewals, claims, and recovery.